Business
BoJ quarterly survey shows households are pessimistic about inflation
- 83.3% of Japanese households expect prices to rise year-on-year, compared to 79.3% in the previous survey (March).
- Expect average inflation to rise 9.4% year-over-year, with a median of 5.0%.
- 80.6% of households expect prices to rise in five years, compared to 76.5% in the previous survey.
This article was written by Gina Constantin on www.forexlive.com.
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